That is exactly what YPB wants you to hope - they have a capital raising to get off the ground.
The thing that troubles me about this is that BAR has no skin in the game, which dramatically increases the likelihood that they have done this deal because they can't lose, rather than because they really believe they can sell the product.
If I was BAR, what I'd be doing is making a genuine effort to sell the product as an add-on to all customers who were going through a new contract or contract renewal by presenting YPB's glossy marketing material. They don't need to spend very much money to do that which will make the venture profitable regardless of whether the product sells or not. If genuine interest emerges along with the opportunity to make more money out of the deal then I'd consider spending more on marketing.
For shareholders this deal gives no new information about whether sales are likely to flow or not and the question remains as to whether the product is saleable. For this ex-shareholder to consider repurchasing shares I would want to see a successful capital raising (to guarantee solvency) and then evidence that BAR is able to sell the product.
- Forums
- ASX - By Stock
- Ann: Leading agency appointed as Global Distributor - MotifMicro
That is exactly what YPB wants you to hope - they have a capital...
- There are more pages in this discussion • 11 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add YPB (ASX) to my watchlist
(20min delay)
|
|||||
Last
0.3¢ |
Change
0.001(50.0%) |
Mkt cap ! $2.424M |
Open | High | Low | Value | Volume |
0.3¢ | 0.3¢ | 0.3¢ | $2.001K | 667.2K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
22 | 18038309 | 0.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.3¢ | 7910782 | 13 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
22 | 18038309 | 0.002 |
43 | 101154643 | 0.001 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.003 | 7910782 | 13 |
0.004 | 3433456 | 9 |
0.005 | 2526859 | 9 |
0.006 | 1559750 | 2 |
0.007 | 250000 | 1 |
Last trade - 15.47pm 07/06/2024 (20 minute delay) ? |
|
|||||
Last
0.3¢ |
  |
Change
0.001 ( 25.0 %) |
|||
Open | High | Low | Volume | ||
0.3¢ | 0.3¢ | 0.3¢ | 333333 | ||
Last updated 10.24am 07/06/2024 ? |
Featured News
YPB (ASX) Chart |